EURUSD Breakout

Bearish: USDX is bullish and uncommitted at the time of this post. We have a bear flag pattern( bearish) in play so should now see the resumption of the channel to the downside. We are looking for a continuation to the ATR Target @ 1.1783 area. Watch the USDX for any change in direction. The ATR for the pair currently is 54 pips per day but it’s 180 day average is 61.


Posted to Introduction to Forex Targe… on Aug 05, 2021 — 8:08 AM

Recent free content from Pro Act Traders

Comments ({[comments.length]})
Sort By:
Loading Comments
No comments. Break the ice and be the first!
Error loading comments Click here to retry
No comments found matching this filter
Want to add a comment? Take me to the new comment box!

Reviews Average Rating          

         
I feel I picked the right trading company.
         
See All Reviews →